Nazif, French trade minister discuss development of Cairo underground, gas exports
Egypt-France, Economics, 5/10/2005

Egypt's Prime Minister Ahmed Nazif received yesterday, French Minister of Foreign Trade Francois Loos, currently visiting Egypt, for talks on boosting trade exchange and joint investments.

Minister of Foreign Trade and Industry Rasheed Mohammed Rasheed who attended the meeting, told reporters that the two sides' talks dealt with increasing Egypt's natural gas exports to France, development of Cairo underground metro and local telephone and communications networks.

Loos said that his talks with Nazif were excellent and tackled the practical steps that should be taken in the future to increase the volume of trade exchange and joint investments.

He added that Egypt is a key country in the Middle East and South Mediterranean, and the French investments in Egypt hit about 1.1 billion euros, and France is willing to take part in Egypt's strategic projects.

Previous Stories:
  Egyptian-French presidential council to be set up for boosting economic cooperation   (10/16/2004)
  French companies clinch 10 billion euro oil contracts in Egypt   (7/7/2004)
  France ready to import Egyptian agricultural products   (4/20/2004)

Please add a link on your webiste pointing to ArabicNews.com and bookmark ArabicNews.com & subscribe to our daily email news bulletin.

Search